FILE PHOTO: The logo of SK Hynix is seen at its headquarters in Seongnam, South Korea, April 25, 2016. REUTERS/Kim Hong-Ji
SEOUL (Reuters) - SK Hynix said on Tuesday it expects strong memory chip demand to run on for the rest of 2021 on data centre build-outs and the use of more sophisticated chips in smartphones, as it reported its biggest quarterly profit in more than two years.
SK Hynix, the world's second-biggest memory chipmaker with customers including Apple Inc, forecast especially strong growth for NAND Flash products in the second half of the year due to demand for increased data storage in mobile devices.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
